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Shares of Occidental Petroleum Corp. (OXY) slid 2.92% to $60.28 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. Occidental Petroleum Corp. closed $13.76 short of its 52-week high ($74.04), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Exxon Mobil Corp. (XOM) fell 1.26% to $94.89, Chevron Corp. (CVX) fell 1.96% to $164.26, and ConocoPhillips (COP) fell 1.94% to $109.33. Trading volume (29.6 M) eclipsed its 50-day average volume of 27.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 17:13 ET (21:13 GMT)
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